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Securities Services

Leadership

In December 2016 we reached over 98 billion euros deposited and 122

billion euros held under custody.

Treasury Management

Consolidation

The

Treasury platform

is carrying out the project implementation plan,

mainly outside of our “traditional” market.

The

Banknotes

business has been consolidated, boosted by an increase in

tourism and new customers. There has been a higher volume of third-party

trading activity, leveraged by greater commercial efforts, a diversification of

the client base, and an increase in the range of products available.

A consolidated

business that has held

its share in spite of

market volatility

and a narrowing of

financial margins.

In four years of the

Plan, Cecabank has

reached a leading

position on the

depositary market

and has succeeded

in consolidating itself

as an outstanding

player in the Securities

Services market.

120,000

100,000

80,000

60,000

40,000

20,000

0

2012

2013

2014

2015

2016

ASSETS DEPOSITED

AT CECABANK

million euros

98.02

+217

%

2. Business model consolidation

Page. 15

Cecabank

2016 Annual Report

1.1

. Strategic Plan: We reach the end of a cycle.

1.2

. Main achievements | Improvement of key ratios | Consolidation of the business model | Diversification of income | Diversification of client base | New corporate culture

1.3

. 2017-2020 Strategic Plan | Structure | Objectives

01 2013-2016 STRATEGIC PLAN